Nike’s 2026 fiscal year Q3 results were revealed on Tuesday evening, and despite revenues staying flat over the last quarter, the brand’s CEO Elliott Hill and CFO Matthew Friend shared several major wins for the company and its plans for long-term growth.
Both Hill and Friend broke down some of the highlights from the brand in its last fiscal quarter, including the successes with its innovative Mind franchise, the growth of Nike Running and ACG over the last few months, and its focus on building Converse.
Here’s a rundown of the biggest takeaways from Nike’s 2026 Q3 earnings call.
Hill confirmed that the introduction of the Nike Mind platform, which has over 150 patents filed globally, was the highlight of the brand’s quarter. Hill says that the Mind 001 mule sold out in all geographies, and in response, the brand is doubling production over the next two seasons to meet the demand for the footwear.
Last month’s unveiling of its latest World Cup jerseys is just the beginning for Nike, as the brand plans to debut new boots, including a new Mercurial, in June. The brand is also debuting new Aero-Fit kits for its competing Nike federations, including a Jordan Brand Away kit for Brazil.
The Nike Running line was up over 20 percent for Q3, which could be attributed to its new refined footwear lineups. This includes its updated categories broken down into the Pegasus, Vomero, and Structure lines, providing variety for all running levels.
Nike saw successes in the relaunch of its iconic All Conditions Gear (ACG) line in February with products focusing on athletes for trail running and hiking. Its presence was felt specifically during the Winter Olympics in Milan and Cortina where Team USA athletes were spotted in special ACG-branded gear. Nike was also able to present its latest ACG offerings in 600 retail doors around the world, including opening a stand-alone ACG store in Beijing.
Despite its ongoing financial woes, Nike confirmed that it took steps to bring Converse back “to a healthy business.” The brand also confirmed that it will continue to work on growing the brand long-term, despite rumors of Nike moving on from the brand.
Hill and Friend confirmed that the revenue in 2026 Q3 remained flat at $11.3 billion. In North America, Q3 revenue grew about three percent and is leading the brand’s growth in the future.
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